Starwood Capital backs Scape’s student digs tower

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Daniel Sioufi liked this. Starwood Capital backs Scape’s student digs tower. Scape has won backing from US funds giant Starwood for a student dorms project in Melbourne, said.

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In its first debt deal in Australia, US funds giant Starwood Capital will contribute a $220 million construction facility to a student accommodation project being developed by Scape in Melbourne, billed as the tallest such tower in the world.

Starwood Capital Group and Round Hill Capital have acquired, through a new joint venture involving controlled affiliates, an operational portfolio of six modern, purpose-built, premium student accommodation assets across the United Kingdom.

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Starwood Capital Snaps Up Chicago Trophy Tower ING Capital led a 7.6 million financing package for the acquisition of One South Dearborn, an 827,538-square-foot building at the corner of.

Starwood Capital backs Scape’s student digs tower 05-23 afr.com In its first debt deal in Australia, US funds giant Starwood Capital will contribute a $220 million construction facility to a student accommodation project being developed by Scape in Melbourne, billed as the tallest such tower in the world.

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British student housing market is booming as investors hunt for yield. Starwood together with Round Hill Capital, a U.K. real-estate investment and management firm, said Thursday they bought six student housing assets and one development for around 120 million ($145.6 million).

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